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i can talk to the people outside of dayton that supply gm and other companies. i can tell you literally hundreds of stories of people whose homes were saved, whose families are getting an education, who are getting along okay today because of that rescue. that is why people came together. that is why senator voinovich, republicans and democrats alike, it was not perfect, but look at where we are. we had 10.6% unemployment rate in 2010, now is 7%. it is going down. 20% of the gdp since the auto rescue. that has come from automobiles, 20%. a sharonville plant is hiring people for the first time in 12 years. honda has invested 100 million new dollars in their plants. chrysler and gm have invested 500 billion in the last year alone. that is huge progress. it is clearly what keeps the middle-class going. >> you have just heard revisionist history from senator brown. he was not elected in 2010, he was elected in 2006 and he has been in washington for two decades. he attacked his opponent on high unemployment rates. since he has been in washington, unemployment rates h
i can talk to the people outside of dayton that supply gm and other companies. i can tell you literally hundreds of stories of people whose homes were saved, whose families are getting an education, who are getting along okay today because of that rescue. that is why people came together. that is why senator voinovich, republicans and democrats alike, it was not perfect, but look at where we are. we had 10.6% unemployment rate in 2010, now is 7%. it is going down. 20% of the gdp since the auto...
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Oct 30, 2012
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auto bailout, and as we made the point about three or four years ago right after the auto bailout, gm goes and so goes the obama presidency and so goes the election. this campaign with so much attention focused on ohio, one in eight jobs are related somehow to the auto industry there. you see the romney campaign try to make a move and correct things. the question is whether it's too late and whether they're being hit very hard on this current attack that they've had on that jeep ad. >> thank you so much. greatly appreciate you coming on. we'll see what happens there. thank you, mark. massachusetts senator scott brown and elizabeth warren canceled their final debate for tonight as a result of hurricane sandy. in statements both candidates said going forward with the fourth debate would be, quote, inappropriate. it's after a new boston globe poll shows the race tied with brown slightly leading warren 45-43. you know there's a university poll out saying warren is up around 7 points. nevertheless there's a big shift from what you and what "the boston globe" indicated back in september. >>
auto bailout, and as we made the point about three or four years ago right after the auto bailout, gm goes and so goes the obama presidency and so goes the election. this campaign with so much attention focused on ohio, one in eight jobs are related somehow to the auto industry there. you see the romney campaign try to make a move and correct things. the question is whether it's too late and whether they're being hit very hard on this current attack that they've had on that jeep ad. >>...
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Oct 30, 2012
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. >>> and the a's' gm made a couple of big decisions today. the team exercised its club option on grant balfour. also the a's declined the $10 million option on shortstop stephen drew. good to see the green and gold celebrating. but we're ready to celebrate with that orange and black this wednesday. 11:00 a.m. coverage on nbc bay area and comcast sportsnet bay area starts at 10r :30, what ar you guys going to be doing? >> we'll be doing a lot of talking from that time. >> make sure you give jessica some time to talk, raj. >> she gets all the time. >> thank you, henry. >> for a full half-hour of local sports coverage, watch sportsnet central tonight on comcast sportsnet. [ male announcer ] pillsbury grands biscuits. delicious. but say i press a few out flat... add some beef sloppy joe sauce... and cheese fold it all up and boom! i just made an unbeatable unsloppy joe pillsbury grands biscuits. let the making begin. that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toast
. >>> and the a's' gm made a couple of big decisions today. the team exercised its club option on grant balfour. also the a's declined the $10 million option on shortstop stephen drew. good to see the green and gold celebrating. but we're ready to celebrate with that orange and black this wednesday. 11:00 a.m. coverage on nbc bay area and comcast sportsnet bay area starts at 10r :30, what ar you guys going to be doing? >> we'll be doing a lot of talking from that time. >>...
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Oct 30, 2012
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. >> obama took gm and chrysler into bankruptcy, and sold chrysler to italians who are going to build jeeps in china. mitt romney will fight for every american job. charles: all right guys, ford didn't take a bailout and amazing numbers, general motors in the meantime, losing market share, bogged down by the volt, bogged down by a pension, bogged down by government interference, i don't know. >> all of solvable exception the pension problem. they didn't go through a regular structured bankruptcy which is what romney said they could do. yeah, but governor romney there was no private finance, remember the financial markets were collapsing and yet if you read his op-ed and i did the other way, 2008 op-ed put it in restructured bankruptcy and then have government-- >> as a back stop. >> a lot of conservatives don't like that, but you can see what he was talking about. charles: it would have worked, i agree. >> and what's key tt bankruptcy, it would have lowered their labor costs and would have been a requirement in the bankruptcy they're at $80 an hour and now at 60 when the competition i
. >> obama took gm and chrysler into bankruptcy, and sold chrysler to italians who are going to build jeeps in china. mitt romney will fight for every american job. charles: all right guys, ford didn't take a bailout and amazing numbers, general motors in the meantime, losing market share, bogged down by the volt, bogged down by a pension, bogged down by government interference, i don't know. >> all of solvable exception the pension problem. they didn't go through a regular...
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Oct 30, 2012
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the idea you can be with gm or ford for your entire career, people realize it is not as clear and they're open to more open opportunities. some of it is getting the people have that innovative spirit to recognize now there is an opportunity with the company is developing here. maybe it is time to jump ship. but more importantly, how do you get the folks who left to try to come back here? i'm sure there are tens of thousands of people born and raised here or who went to one of the universities who would love to come back. they decided to leave. it really is all about talent. it is the idea plus capital, but the most important ingredient is talent. >> the most important agreement is training and education. another community that is of great interest and concern is not only the people working at these great companies but the people who are not working at all. detroit has way too many of them. i'm curious with the processes for the marginalized and here to for disenfranchised population of detroit. a quick comment from you -- what do you think is going to happen and what do you think should h
the idea you can be with gm or ford for your entire career, people realize it is not as clear and they're open to more open opportunities. some of it is getting the people have that innovative spirit to recognize now there is an opportunity with the company is developing here. maybe it is time to jump ship. but more importantly, how do you get the folks who left to try to come back here? i'm sure there are tens of thousands of people born and raised here or who went to one of the universities...